Fixing Co-op Banks: FM got a few frantic calls from Bengaluru last month

Bengaluru South MP Tejasvi Surya (BJP) called her a few times, about three weeks ago, after the news surfaced that the Reserve Bank of India (RBI) had imposed restrictions on Sri Guru Raghavendra Cooperative Bank in Bengaluru. Thousands of depositors have their savings and deposits in this bank with eight branches.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Oj646E